OMFIF Digital Monetary Institute’s Post

Putting regulations in place is hard enough, but what about for digital assets and digital currencies regulatory frameworks? What does compliance look like for those services? What are the new tools needed? What does supervision look like? What are the new tools needed? Great question here 👇🏽

Types of Token Standards and their differences The digital asset market is flourishing, driven by convenient #tools for investment and various transactions, with #tokens being a crucial component. This #article explores the concept of token #standards, their #types, and their importance in ensuring compatibility and efficiency within the #crypto ecosystem. From #ERC20 to #TRC721, we delve into various #token standards and their specific roles in the #blockchain world. Read the full article on our blog: https://lnkd.in/eM6dwYwm

One handshake, endless possibilities! WowPe's merchant onboarding turns complexity into simplicity.💼 #WowPe #Fintech #BusinessGrowth #DigitalPayments #Blockchain #Innovation #FintechSolutions #Paymentgateway #SecureTransactions #B2BPayments

Curious about DeFi? 🤔 Here’s why it’s the future of finance! Key Benefits: Transparency: Open-source and clear transactions Security: Advanced blockchain technology ensures safety Accessibility: Financial services for everyone, everywhere Autonomy: Empower yourself with full control over your financial decisions At Tradeshare, we’re committed to leading the charge in decentralized finance. Ready to join the revolution? Let’s dive into DeFi together! #DeFi #Blockchain #Fintech #Peer2Peer

One of main use cases for crypto is stablecoins, the main friction is user experience. Many incumbent players like MoneyGram International are getting into it, however because of regulatory requirements they work with less efficient chains. Fees to the consumer are still much higher than they should be, 2% is way higher than buying on Coinbase and transferring to a self custody wallet. Moneygram and traditional remittance companies charge fairly large fees In fact even using Ethereum during lower traffic times can be cheaper. On Solana fees are far lower and can be as low as 2¢ If incumbents wants to compete they need to provide better user experience at lower cost. Most users are price sensitive and as soon as crypto native builders crack the user experience they will take majority of the market share.

How does Australia stack up in stablecoin compliance and tech innovation? Listen to Effie Dimitropoulos and Samira Tollo below in our latest episode of "Speaking with the Experts" as they dive into Australia’s position in the stablecoin industry, shedding light on compliance and tech advancements. Check out the full episode on our YouTube: https://lnkd.in/gSWfaqmF #Stablecoins #Compliance #Fintech #CryptoRegulation #Blockchain #SpeakingWithTheExperts

If you are at the 10th European Blockchain Convention in Barcelona this September don’t miss out on GFT Technologies David Creer speaking on day two (26 Sep) at 11:25 CET on ‘Digital Securities: Exploring the Benefits of Tokenizing Debt, Equity and Funds.’ You can also speak to #TeamGFT at the event to discover more about our #blockchain and #DLT capabilities. Register for #ECB10 here: https://okt.to/jKt7R6

Curious about DeFi? 🤔 Here’s why it’s the future of finance! Key Benefits: Transparency: Open-source and clear transactions Security: Advanced blockchain technology ensures safety Accessibility: Financial services for everyone, everywhere Autonomy: Empower yourself with full control over your financial decisions At Tradeshare, we’re committed to leading the charge in decentralized finance. Ready to join the revolution? Let’s dive into DeFi together!

The feature will be introduced in two phases: Phase 1: Launches on March 7th, 2024. Phase 2: Expected by the end of March 2024. #CoinDiaryApp #axie #axieclassic #axieinfinity #bnbsmartchain #binancechain #binanaceblockchain #halvingreward #decentralizedexchange #uniswap #cryptocurrencynews #miota #cryptonewsdaily #bitcoinprice #nftassets #blockchainassets #bitcoinhalving #btchalving #transactionblock #crossborderpayments #bitcoinpayments #cryptowallet

Your financial future starts with blockchain—don’t wait, let Blockmob Labs help you secure your financial success today! . . . . #blockmoblabs #blockchain #fintech #securefinance #blockchainsolutions #futurefinance #smartfinance #techinnovation #blockchainsuccess #digitalfinance #financialrevolution #blockmoblabs #blockchaintech #cryptosolutions #financeinnovation #blockchainfuture #blockchainsecurity #financetech #blockchainbenefits #techforgood #secureyourfuture #digitaltransformation #cryptotech